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On May 17, the Government of Iraq (GOI) announced higher purchase prices for locally-produced wheat in an effort to incentivize farmers to market their crop to the Ministry of Trade. On June 8, the GOI also passed a food security bill that allows the government to use public funds to meet urgent food needs, including issuing tenders to import wheat.
As required by U.S. statute, the United States maintains a trade embargo with Cuba. However, agricultural commodities are exempt provided that export transactions meet certain legal criteria.
U.S. suppliers willing to navigate a detailed set of U.S. regulatory controls related to exporting to Cuba will find that the island is fairly receptive to U.S. products.